FIDELITY D & D BANCORP INC (FDBC)

The
Companys business is subject to interest rate risk and variations in interest
rates may negatively affect its financial performance. Changes in the
interest rate environment may reduce profits.
The Companys earnings and cash flows are largely dependent upon its net
interest income. Net interest income is the difference between the interest
earned on loans, securities and other interest-earning assets, and interest
paid on deposits, borrowings and other interest-bearing liabilities. As prevailing interest rates change, net
interest spreads are affected by the difference between the maturities and
re-pricing characteristics of interest-earning assets and interes...